Tag: Mitsubishi

Honda, Nissan Deal May Be Key in Fight Against China’s BYD

(Bloomberg) — Honda Motor Co. absorbing Nissan Motor Co. could give the two struggling Japanese brands the scale they need to take on China’s BYD Co., sales figures released Wednesday show. Most Read from Bloomberg Honda, which earlier this week sketched out plans for a deal that amounts to an acquisition of Nissan, sold 3.43… Continue reading Honda, Nissan Deal May Be Key in Fight Against China’s BYD

Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

watch now Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and]… Continue reading Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid… Continue reading Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008438

Japan is trying to create a second heavyweight in the global car market through the merger and cooperation of Honda, Nissan and Mitsubishi. According to the combination of the current half-yearly data, a car company combined from the previously independent companies would be the third largest car company in the world with a combined turnover… Continue reading German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008438

German FAZ: Honda shares from Allianz with Nissan are soaring 008437

Asian stock markets rose slightly on Tuesday. However, movements were limited in a holiday-shortened week. China continues to struggle with a faltering recovery, despite leaders in Beijing pledging more support. “China faces significant challenges in 2025,” said Ronald Temple, chief market strategist at Lazard. “The ongoing housing crisis has shaken consumer confidence. A possible trade… Continue reading German FAZ: Honda shares from Allianz with Nissan are soaring 008437

Honda and Nissan confirm EV merger to survive the every ‘100 years’ industry shake-up

Honda and Nissan will team up to build EVs as they look to keep pace with Tesla and BYD. The Honda and Nissan EV merger will create one of the world’s largest auto groups as they look to pull a third Japanese automaker into the partnership. Here’s everything you need to know. How the Honda… Continue reading Honda and Nissan confirm EV merger to survive the every ‘100 years’ industry shake-up

Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024.  Kyodo | Via Reuters Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a… Continue reading Honda and Nissan officially begin merger talks to create world’s third-largest automaker

German FAZ: A mega merger against the backlog008431

The car crisis continues to spread. After the announced job cuts at Volkswagen and the fall of car king Carlos Tavares at Stellantis, the next big bang is now coming from Japan. Honda, Nissan and Mitsubishi signed an agreement in principle for merger talks on Monday: Three of the largest manufacturers in the auto nation… Continue reading German FAZ: A mega merger against the backlog008431

German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008430

There have been rumors for a long time, but now it is clear: the two companies Honda and Nissan want to forge the third largest car manufacturer in the world. Japanese automakers signed an agreement in principle for merger talks on Monday, according to a joint news conference in Tokyo. Honda also said it would… Continue reading German FAZ: Car manufacturers Honda and Nissan are planning a mega merger008430